Market Commentary
Global markets – US indices closed mixed on Monday as Trump threaten China for additional Tariffs. Dow Jones fell by 0.9 pct. While Nasdaq rose 0.1 pct.
| Global Indices | % Change | ||
| Last Close | 1 day | YTD | |
| Dow Jones | 37,965 | -0.9 | -10.8 |
| Nasdaq | 15,603 | 0.1 | -19.2 |
| Hang Seng | 20,203 | 1.9 | 0.7 |
| Nikkei | 33,030 | 6.1 | -17.2 |
Commodities – Gold prices fell and stood at USD 2955 over near term cautious outlook. On the other hand, oil prices stood at USD 64.82/bbl.
| Commodities % Change | ||
| Last Close | 1 day | |
| Gold ($) | 2,995 | 0.5 |
| Silver ($) | 30.46 | -0.1 |
| Brent Crude ($) | 64.82 | 0.8 |
| Moving Averages | ||
| Nifty 50 | Nifty Bank | |
| 50 DMA | 22,981 | 49,522 |
| 100 DMA | 23,425 | 50,312 |
| 200 DMA | 24,070 | 51,029 |
Asian markets – Asian markets trading positive in early morning trade amid tariff worries. Hang Seng rose by 1.9 pct. While Nikkei trading higher by 6.1 pct.
Indian Indices – India’s equity benchmarks are likely to open gap up led by recovery in global peers. Benchmark indices saw their worst fall in 10 months on Monday as recession fears and tariff war intensified sell off in the market.
| Indian Market | % Change | ||
| Last Close | 1 day | YTD | |
| Sensex | 73,137 | -3.0 | -6.4 |
| Nifty | 22,161 | -3.2 | -6.3 |
| Nifty Bank | 49,860 | -3.2 | -2.0 |
| Nifty Midcap 100 | 48,809 | -3.6 | -14.7 |
| Nifty Smallcap 100 | 15,067 | -3.9 | -19.7 |
| Institutional Activity | Rs crore | |
| Cash | YTD | |
| FII | -9040 | -167,119 |
| DII | 12122 | 206,786 |
Stocks to watch
Positive Read through
- BEL – Bags Rs. 22.10 bn electronic warfare suite order from Indian Air Force.
- Titan – Standalone Q4 sales growth at 25 pct, domestic jewellery business grew 24 pct YoY.
- Godrej Props – Q4 booking value up 87 pct QoQ, achieves FY25 booking value guidance.
- Brigade Ent – Signs joint development agreement for project in Mysuru, GDV at Rs. 2.25 crore.
- Nuvama Wealth – PAG appoints bankers to sell stake, as per reports.
- NMDC – Denies report of any wrongdoing in investment in Australian arm.
- Global Health – Assam government offers 3 acres land in Guwahati for a super speciality hospital.
- Cyient – HDFC MF buys 0.6 pct stake via block deals.
- Refex Renew – Arm Wins tender for 250 Tpd Bio-cng plant, project cost estimated at Rs 785.4 min.
- Lemon Tree – Signed a license agreement for a new hotel property in Darjeeling, West Bengal.
- Bajaj Healthcare – Expands manufacturing footprint with the acquisition of Genrx Pharmaceuticals.
- Sobha Limited – Q4FY25 sales value came at Rs. 18.36B, rose 32.2 pct QoQ.
Negative Read through
- PN Gadgil – Posted weakest YoY business momentum in nearly 5 years.
- OMCs – Crude falls further, Brent breaches the level of USD 65/bbl.
- Tata Motors – Discontinues JLR shipments to US on tariff increase.
Financial planning platform where you can plan all your goals, cash flows, expenses management, etc., which provides you advisory on the go. Unbiased and with uttermost data security, create your Financial Planning at Rs. 2499/-
Disclaimer: The views shared in blogs are based on personal opinions and do not endorse the company’s views. Investment is a subject matter of solicitation and one should consult a Financial Adviser before making any investment using the app. Making an investment using the app is the investor’s sole decision, and the company or its communication cannot be held responsible for it.
